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Trump’s tariffs: Goldman Sachs cut 2025 US new light-vehicle sales estimate by 850,000 cars and vans from 16.25 million to 15.4 million, 2026 forecast by 1.1 million from 16.35 million to 15.25 million. Bank expects tariffs to increase cost of both importing and manufacturing cars in country, leading to USD 2,000-4,000 increase in prices over next 6-12 months. Simultaneously, company reduced 2025 global production outlook by 1.7 million units from 90.4 million to 88.7 million and 2026 expectation by 1.9 million vehicles from 92.6 million to 90.7 million
August 22, 2025 | 11:51am CETflashread more
Electric vehicle drivers consumed 660 MWh of electricity (+16% m/m) in E.ON Drive public charging network in Czechia in July (Prague: 143.7 MWh, South Moravian Region: 98 MWh, South Bohemian Region: 89.1 MWh, Vysočina Region: 82.8 MWh, other regions: 246.7 MWh), 3,746 MWh during 160,434 recharges at 658 charging points at 320 stations in first seven months
August 22, 2025 | 11:38am CETflashread more
Pirelli and its second largest shareholder MTP/Camfin (27.4% stake; controlled by Pirelli Executive Vice Chairman Marco Tronchetti Provera) trying to get rid of Chinese co-owner and largest shareholder Marco Polo International Italy/Sinochem (37%) so that it can invest USD 1 billion to expand its plant in Rome, Georgia, USA to produce smart tires (Pirelli Cyber Tyres; fitted with technology to collect data during motion and transfer information in real time to car). In January, United States banned Chinese software (starting with Model Year 2027), hardware (MY2030) in connected road vehicles on US roads due to cyber threats (espionage, hacking attacks). In April, Pirelli's Board of Directors approved resolution that Sinochem no longer controls Italian tyre manufacturer. MPI/Sinochem disagrees with this resolution
August 20, 2025 | 03:24pm CETflashread more
JATO Dynamics: Share of electrified vehicles in global car sales in 2024 increased from 34.4% (2023) to 41% MHEVs (from 8.5% to 9.3%), HEVs (from 7.9% to 9.2%), PHEVs (from 4.5% to 6.6%), EREVs (from 0.9% to 1.6%) and BEVs (from 12.6% to 14.3%), while share of vehicles with combustion powertrains (ICEVs) declined from 65.3% to 58.7%
August 20, 2025 | 03:15pm CETflashread more
GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 17% in July, penetration (share) down by 2.8 pp. While many countries started to turn their backs on diesel quite quickly after Dieselgate, its importance to both German OEMs and to German car buyers resulted to Germany’s share of European diesel market doubling (from 20% to 40%) within five years (2019-2024). This trend continues in 2025 with share forecasted to grow to 45%
August 19, 2025 | 10:34am CETflashread more
Office for Protection of Competition (ÚOHS) allowed Přerost a Švorc - Logistic (Přerost a Švorc - Auto, Autodružstvo Podbabská; Škoda, Volkswagen and VW Commercial Vehicles dealer, SEAT, Cupra and Audi service in Prague, Czechia) to acquire Tuchoměřice branch near airport in Prague (SEAT, Cupra and Maxus dealerships, Škoda, Volkswagen and VW Commercial Vehicles service; part of Auto Palace Západ, loss of CZK 72 million at turnover of CZK 1.46 billion and sales of 1,338 new and 839 used vehicles in Tuchoměřice and Karlovy Vary in 2023) from Auto Palace (AutoBinck Group; Ford, Ford Pro, Hyundai, Mazda, Mitsubishi, Opel, Opel Professional, Peugeot, Peugeot Professional, Škoda, Volvo, SEAT, Cupra, MG and Maxus dealer, Fiat, Infiniti, Volkswagen and VW Commercial Vehicles service in Prague and Brno)
August 19, 2025 | 10:24am CETflashread more
Aures Holdings sold record 10,469 used vehicles in July (+5.6%) at AAA Auto and Mototechna car centers, of which more than 2,000 cars and vans in Slovakia, record 66,672 vehicles (+4.2%) in first seven months, of which 1,000 battery electric vehicles. Organized market is growing, while private resales are declining, Topolová said
August 19, 2025 | 10:15am CETflashread more
Base Next (formerly DyCom Group; BMW, BMW Motorrad dealer in Karlovy Vary, Czechia) closed Honda motorcycle dealership
August 15, 2025 | 04:36pm CETflashread more
GlobalData cut 2025 Western European new car sales outlook by 30,000 units from 11.42 million (-1.1%) to 11.39 million (-1.4%)
August 15, 2025 | 04:25pm CETflashread more
Czech electric vehicle drivers using E.ON Drive service consumed 40,847 kWh of electricity during 1,397 recharges in public charging network in Germany in H1, 33,584 kWh during 1,217 recharges in Austria, 14,663 kWh during 526 recharges in Slovakia, 10,783 kWh during 428 recharges in Italy, 11,361 kWh during 352 recharges in Poland. Highest average recorded in Poland with 32.3 kWh per transaction, while lowest consumption was in Italy (25.2 kWh). Currently, drivers with E.ON Drive card can charge in nine countries in Europe (Czechia, Germany, Austria, Slovakia, Italy, Poland, Hungary, Slovenia, Croatia) at more than 120,000 public charging points in network of E.ON Drive and partner operators (PRE, ČEZ, Lidl, Ionity, Teplárny Brno, ZSE, Greenway, Allego, EnBW, Compleo, Chargecloud, Smatrics, Petrol, ELEN/HEP, Enel X, Ewiva, Be Smart, Duferco Energia, EVway)
August 15, 2025 | 04:17pm CETflashread more
SMMT increased 2025 UK new car sales (registrations) outlook from 1,964,000 (+0.6%) to 1,986,000 (+1.7%), of which battery electric vehicles (BEVs) from 462,000 (+21.4%) to 472,000 (+23.6%), and 2026 forecast from 1,992,000 to 2,019,000, of which BEVs from 557,000 to 569,000
August 14, 2025 | 10:35am CETflashread more
Rho Motion: Global new electric vehicle (EV) sales grew by 21% to 1.6 million passenger cars and light-duty vehicles (LDVs/LCVs) in July, by 27% to 10.7 million in first seven months – China: 6.5 million BEVs and PHEVs (+29%), Europe (EU & EFTA & UK): 2.3 million (+30%), North America (USA & Canada & Mexico): 1 million (+2%), Rest of World (RoW): 900,000 (+42%)
August 14, 2025 | 10:26am CETflashread more
AAA Auto (Aures Holdings) Barometer: In July, 63,272 used cars sold in Czechia (BEV: 1.6% share, 1,000 vehicles; HEV: 1.9%, 1,200) with average price of CZK 304,230 (EUR 12,430; -2.2% m/m). In total, approximately 150,000 used cars advertised in country, supply remained around this level for long time
August 14, 2025 | 10:13am CETflashread more
Operating Sphere
Nexen Tire to invest over EUR 800 million in Czech Rep
June 24, 2014 | 12:22am CEToriginalStart of the plant construction, production start, the gradual increase in tire production, the target capacity, HR...
read moreHyundai: Czech car market fell by 10.5% y/y in January-May
June 24, 2014 | 12:15am CEToriginalHowever, it grew according to statistics of registrations. Results of the Hyundai brand, the most desirable models...
read moreCitroën renewed campaign with Fantomas in Czech Rep
June 24, 2014 | 12:06am CEToriginalThe techno packets for CZK 1 were complemented by an offer of a repurchasing bonus for an old car. Models concerned...
read moreCode of Ethics: 17 Hyundai dealers in Czech Rep terminated dealer contract with distributor
June 23, 2014 | 12:02am CEToriginalAccording to the dealer association, penalties for not signing the code made the business impossible. Statement of the law firm and Hyundai Motor Czech, the impeachment of President...
read moreNissan and CEZ extend cooperation in development of e-mobility in Czech Rep
June 22, 2014 | 11:48pm CEToriginalThe carmaker will supply the energy company with fast charging stations from its European partner. Installation locations, timing, versatility of the stations, standards...
read moreLeasePlan Go: LeasePlan to focus on SME and sole traders with fleet to 10 cars
June 22, 2014 | 11:39pm CEToriginalThe first countries including the Czech Republic, specifications of operating lease, brands and models, prices, sales through the e-shop, microsite, competition, business plan, advertising campaign, client car rental...
read moreAntitrust office investigates Czech Car Importers Association for registrations
June 22, 2014 | 11:29pm CEToriginalIt happened on the initiative of Hyundai Motor Czech. SDA already contacted UOHS, which ‘sanctified’ the charging of part of statistics…
read moreShelves with car parts fell in DHL warehouse in Czech Rep
June 22, 2014 | 11:16pm CEToriginalThe logistics company leased the hall from CTP. Location, no harm to health, the amount of material damage, alleged cause...
read moreFormer Head of Regional Inspectorate of Czech Trade Inspection lodges complaint
June 22, 2014 | 11:03pm CEToriginalThe reason is his removal from office and inaction of his colleagues in the APR case. Reaction of the COI head Mojmir Bezecny and Minister Jan Mladek...
read moreHyundai Motor to replace head of representation in Czech Rep
June 20, 2014 | 05:14am CEToriginalHe is leaving at the time of conflict of half of dealers with the distributor. His new job, the successor...
read moreOne Volvo dealer ended in Czech Rep
June 20, 2014 | 05:03am CEToriginalIt is a company that tried to restore a dealership after the unsuccessful previous provider. The location, companies, property problems with the showroom...
read moreDacia Picnic: Renault holds first meeting of Dacia owners in Czech Rep
June 19, 2014 | 11:42pm CEToriginalThe date, place, concept proved from abroad, tombola, the number of registered participants, microsite...
read moreEighteen HEVs and nine EVs registered in Czech Rep in May 2014
June 19, 2014 | 04:00am CEToriginalThe registry also newly includes 74 vehicles powered by CNG and 102 cars on LPG. Leaders of alternative drive, the first Volvo and Mitsubishi hybrids...
read moreHead of Czech Trade Inspection dismissed Director of Inspectorate, who pointed out miscalculations of APR
June 19, 2014 | 03:30am CEToriginalCOI did not disclose its reason, as it is not related to this affair. Validation of the correctness of the imposed fine for Essox and calculation used in the control by a special commission...
read moreAutobond to open second Ford dealership in Czech Rep
June 18, 2014 | 10:56pm CEToriginalLocation, timing, history of the showroom, preparations for the flagship showroom of Ford Store, dealer situation in the region...
read moreCar sales in the EU rose by 4.5% in May
June 18, 2014 | 05:50am CEToriginalIt is the ninth month of growth. The increase was tempered by a fall in demand in Italy. The significant growth of Skoda and Dacia brands, comment and outlook of KPMG...
read moreRemoval of DPF: CTIA carried out check of 80 service shops, half did not pass
June 18, 2014 | 05:36am CEToriginalThe initiator, the date, identified deficiencies, fines, administrative procedures, results in regions, problems with warranty and insurance, removal vs. exchange vs. restoration...
read moreAvtoVAZ to cut 20% of jobs in 2014
June 18, 2014 | 12:18am CEToriginalThis is almost twice more than the company originally anticipated. The reasons, drop into a loss, the new CEO...
read moreLubomir Drasar and Pavel Krois sold Swell
June 17, 2014 | 12:18am CEToriginalThe new owner and his profile, the new headquarters, management changes, financial results in 2013, HR...
read moreCzech government approved investment agreement with Nexen Tire
June 16, 2014 | 11:51pm CEToriginalDate of signature, the amount of investment and government incentives, location, HR, R&D centre, possible arrival of Nexen's suppliers...
read moreCSU: Car prices in Czech Rep fell in m/m comparison in May 2014
June 16, 2014 | 11:41pm CEToriginalWhile the prices of new cars were flat, used cars became cheaper. Prices of servicing and spare parts, detailed data, the annual development...
read moreNew Mercedes-Benz dealership to be built in Czech Rep
June 16, 2014 | 06:36am CEToriginalThe investment will be carried out by one existing dealer. Location, partner, reasons, parameters of the sales and service centre, timing, HR...
read moreHertz Lease appointed new Sales Director in Czech Rep
June 16, 2014 | 06:29am CEToriginalHe is a manager with 20 years of experience in the automotive industry, especially car sales...
read moreSehnal: Slavia Pojistovna for sale, as well as other companies from SPGroup
June 16, 2014 | 06:13am CEToriginalSlavia’s concentration on industry, property of citizens and liability risks, intentions of the company in car insurance...
read moreArval introduced new products, services and innovations in Czech Rep
June 16, 2014 | 06:05am CEToriginalShort-term car rental, unlimited spare vehicles, unlimited tires, a new system of insurance claims reporting, client portal My Arval...
read more
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